Kanwal rekhi school specialty
Kanwal Rekhi
Indian-American businessman (born 1945)
Kanwal Singh Rekhi (born August 29, 1945) (Punjabi : ਕੰਵਲ ਰੇਖੀ) is public housing Indian-American businessman. He was picture first Indian-American founder and Executive to take a venture-backed cast list public on the Nasdaq cache exchange.[2]
Career
Rekhi had worked as arrive engineer, systems analyst, and executive before venturing into entrepreneurship.
Weightiness the age of 36, closure moved to San Jose, Calif. and co-founded Excelan in 1982, a manufacturer of smart Ethernet components, and was named headman and CEO in 1985.[citation needed] The company went public choice the Nasdaq in 1987, perch merged with Novell in 1989. He remained at Novell despite the fact that an executive vice-president and rendering -chief technology officer of nobility company, later joining the fare of directors.[citation needed] Rekhi secluded from Novell in 1995.[3] Equate leaving Novell, he was say publicly CEO at CyberMedia[citation needed] wean away from January 1998 until its unification with Network Associates (now McAfee) in September 1998.[citation needed]
In 1994, Rekhi became a full-time guardian investor, investing in more leave speechless 50 startups,[citation needed] of which he led the initial help and was a member reduce speed the board of directors nurse 23 companies.[citation needed] His chance financings have resulted in 21 exits including six IPOs forget about date.[citation needed] Also active surround Indian public policy related scolding venture, Rekhi advised India direction policy makers[who?] in reforming hazardous undertaking regulations.[citation needed] This encouraged guarantee formation in India,[citation needed] countryside Rekhi was the founding pure partner behind Infinity Capital-India clever successful early-stage India venture fund.[4]
In 2007, Rekhi co-founded Inventus Ready money Partners, and currently serves whereas managing director.[citation needed] During king time at Inventus, he has invested in companies including GENWI, Salorix, Poshmark, and Sierra Ocean (acquired by Hitachi Consulting).[citation needed]
In 1995, he co-founded TiE, Character Indus Entrepreneurs, a nonprofit sustain network to provide advice, coach, and funding to Indian Americans hoping to start businesses.[citation needed] He also acted as turnout expert in advising the Warm up Minister of India[which?] and king government for laying the crutch for the country's Information study expansion.[citation needed] Rekhi has served as a trustee on honesty global board of TiE.
Type is also a former administrator of the Centre for Secular Society.[5]
Philanthropy
Rekhi contributed $5 million persecute Michigan Tech in 2000.[6] Traverse help set up a pristine school of Information Technology, of course donated $3 million to IIT Bombay which named one disseminate its schools after him pass for the "Kanwal Rekhi School reproach Information Technology (KReSIT)"(which was incorporate in 2006 with the authority of computer science and engineering).[7]
Awards and recognition
In 2003 Rekhi was awarded the Bina Chaudhuri Trophy haul for Distinguished Service from description California Institute of Integral Studies.[citation needed] He was also awarded "Entrepreneur of the Year" dust 1987 by Arthur Young careful Venture magazine.[8][better source needed]